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Inspirational Quote

My grandfather once told me that there were two kinds of people: those who do the work and those who take the credit. He told me to try to be in the first group; there was much less competition. (Indira Gandhi)

Advice: How refinancing a credit will help you reduce costs.

The same property is used as collateral. In some cases by refinancing credit the brokers offer a bigger amount, so any remaining money can be use for anything else (for egg. Did you know that you can put the money in savings in European banks with a big interest rate, over 10 %? Ask us how!). On times of crises is better refinancing credit only if the evaluation of the property is not affecting your loaned amount. If the offer is at the same evaluation or max minus 5%, it’s better to refinance, by keeping the same amount, but on longer terms, so that the monthly installment will decrease. Use refinancing credit for credit cards. Short terms loans are with bigger interest rates.

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